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UltraTech Cement’s Q1 consolidated sales rise 19.64% to 29.96 MT

03 Jul 2023 Evaluate

UltraTech Cement’s consolidated sales increased 19.64 percent to 29.96 million tonne (MT) in the first quarter ended June 2023. The company produced 25.04 MT of cement in the April-June quarter a year ago. Its total sales volume in the domestic market rose 19.87 percent to 29.01 MT during the quarter under review. It was 24.20 MT in Q1 FY23.

Its grey cement production in the domestic market was 28.60 MT in the June quarter of FY24, a 20 percent growth, while its white cement production was 0.41 MT, up 11 percent. UltraTech's overseas production, mainly grey cement, was 1.04 MT in Q1FY24, up 10.63 percent.

The company registered a capacity utilisation of 90 percent for the quarter. UltraTech has a consolidated capacity of 135.55 million tonnes per annum (MTPA) of grey cement. It has 23 integrated manufacturing units, 29 grinding units, one clinkerisation unit and eight bulk packaging terminals. It is the third largest cement producer in the world, excluding China. 

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.

Peers
Company Name CMP
Ultratech Cement 11081.00
Ambuja Cements 386.00
ACC 1236.75
Shree Cement 22337.15
Dalmia Bharat 1720.35
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